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Economy Snapshot

Jamaica Economy and Trade

KingstonLocal time

GDP $22.70B · real growth 0.1% · latest verified annual data

The current profile places Jamaica's nominal GDP at $22.70B in 2025 and shows real GDP growth of 0.1% for 2025. The income-scale indicator is $8,003 per person in 2025, with CPI inflation shown separately at 4.0% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$22.70B
current US$ · 2025
World Bank
GDP per capita
$8,003
current US$ · 2025
Source listed below
Real GDP growth
0.1%
annual % · 2025
Source listed below
Inflation
4.0%
CPI annual % · 2025
Source listed below

Jamaica at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$14.96B$22.70B
2015: $14.96B2016: $14.90B2017: $15.78B2018: $16.86B2019: $17.03B2020: $15.00B2021: $15.96B2022: $18.81B2023: $21.42B2024: $22.01B2025: $22.70B
GDP per capita$8,003
Real growth0.1%
GDP year2025
2025 Inflation
4.0%
CPI annual %
2025 Unemployment
3.3%
labor-market measure
2025 GDP per capita
$8,003
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20250.1%
Unemployment20253.3%
Inflation20254.0%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$1.91B
Imports$7.29B
Balance-$5.38B
Largest highlighted export destination
United States40.7%
Exports
$1.91B
Imports
$7.29B
Understand the numbers

What Jamaica's economic profile is telling you

Jamaica's real GDP was nearly flat in 2025, while inflation was 4.0 percent and modeled unemployment 3.3 percent. The matched 2024 WTO merchandise profile shows imports far above exports, with the United States the largest export destination and import source.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and may use different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorJamaicaReference periodStatus
GDPcurrent US$$22.70B2025Actual
GDP per capitacurrent US$$8,0032025Actual
Real GDP growthannual %0.1%2025Actual
InflationCPI annual %4.0%2025Actual
Unemploymentmodeled ILO estimate3.3%2025Estimate
Merchandise exportscurrent USD$1.91B2024Actual
Merchandise importscurrent USD$7.29B2024Actual

Frequently Asked Questions

What is Jamaica's latest GDP?

The World Bank GDP observation used here is $22.70B for 2025.

What does merchandise trade show for Jamaica?

Merchandise exports were $1.91B and imports were $7.29B in 2024, giving a same-year goods balance of -$5.38B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.